Virgin Media Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Liberty Global

  Virgin Media Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP
  Investigate Sale to Liberty Global

Business Wire

DALLAS -- February 6, 2013

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Virgin Media, Inc. (“Virgin”) (NasdaqGS: VMED) to
Liberty Global, Inc. for shareholders. Under the terms of the proposed sale
valued at approximately $23.3 billion, Virgin shareholders will receive $17.50
in cash, 0.2582 Liberty Global Series A shares and 0.1928 Liberty Global
Series C shares for each share of Virgin stock owned. Based upon Liberty
Global’s share prices on February 4, the total consideration is approximately
$47.87 per share.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, please contact Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach
Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
zach@powerstaylor.com. There is no cost or fee to you.

The Virgin sale investigation centers on whether Virgin’s shareholders are
receiving adequate compensation for their shares in the proposed going private
deal, whether the transaction undervalues Virgin’s stock, and whether Virgin’s
board attempted to obtain the highest share price for all shareholders prior
to agreeing to the deal. According to shareholder rights attorney Willie
Briscoe, “due to the nature of the cash and stock transaction price, the sale
price and other factors, we believe this transaction may undervalue Virgin’s
stock. Our proposed lawsuit will seek to obtain the highest share price for
all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com
 
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